Australia Breaking News

Cybersecurity CEO Vlad Rikhter, Co-Founder and CEO of Fencer, joined Bloomberg Open Interest to break down the alarming rise of AI-powered threats, from models discovering decades-old vulnerabilities to attacks happening in minutes instead of months. He explains why companies must rethink security entirely as AI accelerates both innovation and cyber warfare, and why defending at machine speed is now essential.

US and Iran tensions take center stage as officials meet this weekend to address the Strait of Hormuz crisis. Jennifer Kavanagh, Director of Military Analysis at Defense Priorities joined Bloomberg Open Interest to explain why no major deal is expected yet, how a fragile ceasefire is being held together by mutual incentives, and why diplomacy is the only realistic path to reopening one of the world's most critical shipping lanes.

Wall Street banks are heading into earnings season with strong results, but rising macro risks are stealing the spotlight. Goldman Sachs' Richard Ramsden explains why AI-driven cyber threats triggered a rare meeting with top regulators, and how shifting rate expectations, inflation fears, and volatile markets could reshape the banking outlook for the rest of the year.

University of Michigan Surveys of Consumers Director Joanne Hsu says US consumers are frustrated with the persistence of inflation but there is a glimmer of hope in the long-term outlook. She speaks on "Bloomberg Open Interest."

The preliminary April consumer sentiment index slumped to 47.6 from 53.3 in March, according to University of Michigan data. The survey period includes responses from March 24 to April 7. That was below all but one estimate in a Bloomberg survey of economists. Mike McKee reports on "Bloomberg Open Interest."

Vice President JD Vance says the US negotiating team heading to Pakistan will not be receptive if Iran "tries to play" the US. He expects talks to be positive.

US inflation surged in March by the most in nearly four years as the war with Iran sent gasoline prices skyrocketing. The consumer price index rose 0.9% from February. Michael McKee reports.

Anthropic says its Mythos model is capable of identifying and then exploiting vulnerabilities in every major operating system and web browser when directed by a user to do so. US officials are concerned that this could put the financial system at risk. Bloomberg's Charlie Wells has more.

Health Minister Mark Butler welcomed a growing debate regarding the fiscal sustainability of the National Disability Insurance Scheme.

Arm's move to sell its own chips has been largely cheered by investors. One of those investors supportive of the plan is Clare Pleydell-Bouverie, Fund Manager at Liontrust. Liontrust's top tech investments include Nvidia, Broadcom and TSMC. She spoke to Bloomberg's Tom Mackenzie on Bloomberg Tech: Europe.

As Hungary prepares for parliamentary elections on Sunday, Prime Minister Viktor Orban addressed the nation saying he was the safe bet and that ousting him after 16 years in office would imperil the country. Meanwhile, independent surveys show Peter Magyar's Tisza party opening up a lead. Bloomberg's Oliver Crook reports from Budapest.

Prime Minister Anthony Albanese has declared a "supply-first" mandate for Australia's energy sector.